45
45
Mar 22, 2013
03/13
by
FBC
tv
eye 45
favorite 0
quote 0
the government up front saying we're going to take your money. we're doing it secretly, and i think the honest approach is better. shibani: they make parallels in cypress, and what you mentioned happens here in the u.s., but the levy on bank deposits, this is what is causing a storm, and it's really getting people upset. are you concerned about any kind of precedence this could bring into the industry into europe and what it could do to banking confidence as a whole because when you start to have runs on banks and runs into atms as we see vis walls of and people concerned about whether or not they get their money, that creates panic. >> yeah, i think, you know, it could be a wakeup call. i own an offshore bank in the caribbean, and our business, since the cypress event, is up about 150%, so a lot of people are looking for safer places to park money because people are starting to think about whether deposit insurance is not all that it's marketed to be. the fdia insures 8 trillion in deposits, but 25 billion in reserves. my bank in the caribbean i
the government up front saying we're going to take your money. we're doing it secretly, and i think the honest approach is better. shibani: they make parallels in cypress, and what you mentioned happens here in the u.s., but the levy on bank deposits, this is what is causing a storm, and it's really getting people upset. are you concerned about any kind of precedence this could bring into the industry into europe and what it could do to banking confidence as a whole because when you start to...
167
167
Mar 23, 2013
03/13
by
KOFY
tv
eye 167
favorite 0
quote 0
. >> reporter: san jose's tenth homicide of the year took place not far from the santa clara government building. they have ended their door-to-door search and we talked to the young man who tried to save the 29-year-old woman. >> the brutal stabbing happened in broad daylight just after 2:30 in the afternoon in a parking lot next to the togo sachbd witch shop. he was eating there and rushed out to help the woman who was slashed on her neck and arms. >> i held her head up and kept pressure on it. can you give me any name and she couldn't really took. >> he was covered in blood when paramedics arrived. >> it was horrible for her to have to die that way. by me being there it wasn't that bad way to die. >> he was doing handy work and had to convince police he was not the killer. real culprit hopped a fence and ran through the neighborhood where they found blood in front of some homes. >> we've been told to stay in our house and with doors and windows locked. >> police went door to door checking dozens of houses, garages and other possible hiding places. they are trying to figure out what l
. >> reporter: san jose's tenth homicide of the year took place not far from the santa clara government building. they have ended their door-to-door search and we talked to the young man who tried to save the 29-year-old woman. >> the brutal stabbing happened in broad daylight just after 2:30 in the afternoon in a parking lot next to the togo sachbd witch shop. he was eating there and rushed out to help the woman who was slashed on her neck and arms. >> i held her head up and...
141
141
Mar 23, 2013
03/13
by
KGO
tv
eye 141
favorite 0
quote 0
not far from the santa clara government building. they have ended their door-to-door search and we talked to the young man who tried to save the 29-year-old woman. >> the brutal stabbing happened in broad daylight just after 2:30 in the afternoon in a parking lot next to the togo sachbd witch shop. he was eating there and rushed out to help the woman who was slashed on her neck and arms. >> i held her head up and kept pressure on it. can you give me any name and she couldn't really took. >> he was covered in blood when paramedics arrived. >> it was horrible for her to have to die that way. by me being there it wasn't that bad way to die. >> he was doing handy work and had to convince police he was not the killer. real culprit hopped a fence and ran through the neighborhood where they found blood in front of some homes. >> we've been told to stay in our house and with doors and windows locked. >> police went door to door checking dozens of houses, garages and other possible hiding places. they are trying to figure out what led up to t
not far from the santa clara government building. they have ended their door-to-door search and we talked to the young man who tried to save the 29-year-old woman. >> the brutal stabbing happened in broad daylight just after 2:30 in the afternoon in a parking lot next to the togo sachbd witch shop. he was eating there and rushed out to help the woman who was slashed on her neck and arms. >> i held her head up and kept pressure on it. can you give me any name and she couldn't really...
83
83
Mar 23, 2013
03/13
by
KGO
tv
eye 83
favorite 0
quote 0
. >> reporter: san jose's tenth homicide of the year took place not far from the santa clara government building. they have ended their door-to-door search and we talked to the young man who tried to save the 29-year-old woman. >> the brutal stabbing happened in broad daylight just after he a the afternoon in a parking lot next to the togo sachbd witch shop. he was eating there and rushed out to help the woman who was slashed on her neck and arms. >> i held her head up and kept pressure on it. can you give me any name and she couldn't really took. >> he was covered in blood when paramedics arrived. >> it was horrible for her to have to die that way. by me being there it wasn't that bad way he was >> he was doing handy work and had to convince police he was not the killer. real culprit hopped a fence and ran through the neighborhood where they found blood in front of some homes. >> we've been told to stay in our house and with doors and windows locked. >> police went door to door checking dozens of houses, garages and other possible hiding places. they are trying to figure out what led u
. >> reporter: san jose's tenth homicide of the year took place not far from the santa clara government building. they have ended their door-to-door search and we talked to the young man who tried to save the 29-year-old woman. >> the brutal stabbing happened in broad daylight just after he a the afternoon in a parking lot next to the togo sachbd witch shop. he was eating there and rushed out to help the woman who was slashed on her neck and arms. >> i held her head up and...
122
122
Mar 25, 2013
03/13
by
CNBC
tv
eye 122
favorite 0
quote 0
the government stopped it. that didn't happen in history. let the government keep doing this. they will keep it going as long as they can. >> we didn't have it. >> they will fail. they will fail. i will make that prediction. >> you'll never make money betting against america. >> i'm not betting against america. i'm the most bullish person in the world for the last 20 years. i'm betting against artificial stimulus by a government gone nuts. that's what i'm betting against. >> the government will pull out. >> one at a time. nathan, go ahead. >> look, the government is going to pull out. i'm arguing with santelli about this. i'll tell you what will happen. over time the government will stop buying as many bonds as the private sector moves in. you'll eventually get a full private sector economy. unfortunately it's going to take a while because we are, i'll agree with you on this, we're in a deep hole right now, no doubt about it. >> if they do it gradually to nathan's point, harry, doesn't it actually turn out -- if the government feels as though the market and the economy is heal
the government stopped it. that didn't happen in history. let the government keep doing this. they will keep it going as long as they can. >> we didn't have it. >> they will fail. they will fail. i will make that prediction. >> you'll never make money betting against america. >> i'm not betting against america. i'm the most bullish person in the world for the last 20 years. i'm betting against artificial stimulus by a government gone nuts. that's what i'm betting...
225
225
Mar 25, 2013
03/13
by
CNBC
tv
eye 225
favorite 0
quote 1
the cypriot government does not have to approve the deal. is that not weird it you in the biggest worry to me is the effect of this whole union of the think banking commit pep steve liesman was talking about it this morning and i think he's right. there will be people slowly moving deposits out of the higher risk countries and maybe into the u.s. and the uk, as well. here's what to look for. april 4th and that's the ecb meeting. watch what mario draghi has to say about that and that he'll make liquidity more available to banks. remember those ltros that they did about a year ago. don't be surprised that they dragged those things out again and everybody was talking about the weak top line growth. there is the company that has to be the envy for everybody looking for top line growth. their projected sales for 2014 and 10% to 12% increase and take out all of the new stores and same-store sales growth, 4% to 6% and those are really good numbers and that stock's up today sitting at a six-month high and i want to see a big welcome to people on the
the cypriot government does not have to approve the deal. is that not weird it you in the biggest worry to me is the effect of this whole union of the think banking commit pep steve liesman was talking about it this morning and i think he's right. there will be people slowly moving deposits out of the higher risk countries and maybe into the u.s. and the uk, as well. here's what to look for. april 4th and that's the ecb meeting. watch what mario draghi has to say about that and that he'll make...
111
111
Mar 18, 2013
03/13
by
FBC
tv
eye 111
favorite 0
quote 0
yours of the government's? the government is preventing the bank from giving it back to you. tracy: we were talking earlier. does anyone have any legal recourse? >> i don't know if anyone has any legal recourse. it is basically a socialist the island. here we would have a couple challenges. one is the equal protection challenge. it would be trading money in savings accounts differently than it is treating other pools of money. in the constitution requires that similar assets, similar people be treated in a similar way. you could argue that it is taking. it is not a tax but a seizure of something that is yours. what is being taxed? that your income, but your savings after you say been accumulated. adam: looking at the u.s. system. what is happening in cyprus. 100,000 euros are less if you have similar protection as we have a u.s. fdic. what good is that kind of insurance if they're saying that this insurance is not going to cost you should a bank go belly up? >> nothing. it's like what good is the constitution of the government seems to find a devious ways to get around it. wh
yours of the government's? the government is preventing the bank from giving it back to you. tracy: we were talking earlier. does anyone have any legal recourse? >> i don't know if anyone has any legal recourse. it is basically a socialist the island. here we would have a couple challenges. one is the equal protection challenge. it would be trading money in savings accounts differently than it is treating other pools of money. in the constitution requires that similar assets, similar...
87
87
Mar 25, 2013
03/13
by
KNTV
tv
eye 87
favorite 0
quote 0
cards still fairly close to the vest until we get through some of these other policy issues, like the government shutdown, which seems to be out -- not a problem right now. the debt ceiling. so we only have one out-perform rating right now, which is technology. that's been a long-standing outperform for us. one underperform was consumer discretionary which is the potential for problems because of the tax increases. it turns out it's not having the impact on consumer spending as a lot of people thought. >> great advice. thank you so much. great to you on the prom. liz ann sonders and heidi moore joining me. up next, we're on the money. what is starbucks' recipe for success? my conversation with the company's founder and ceo about how he wants to do for tea what he has done for coffee. >>> and how health care may not be so healthy a business. >>> and later, talking tough on the smartphone market. can a new phone from a glass economy not so far away take a bite out of apple? what innovation means for your personal technology use, as we take a look at how the stock market ended for the week. back in
cards still fairly close to the vest until we get through some of these other policy issues, like the government shutdown, which seems to be out -- not a problem right now. the debt ceiling. so we only have one out-perform rating right now, which is technology. that's been a long-standing outperform for us. one underperform was consumer discretionary which is the potential for problems because of the tax increases. it turns out it's not having the impact on consumer spending as a lot of people...
87
87
Mar 18, 2013
03/13
by
FBC
tv
eye 87
favorite 0
quote 0
not bigger government. it's about taxes not having to go up to do the same thing. think about this, this whole sequester joke, you know, the pr messaging thing that they put out here that was going to be so bad is failing on them. and the white house is trying to backtrack on all the pr they put out how bad sequestration was going to be. the reality sequestration only brings us back to where we were in 2012 and 2011 and even when you account for increase in medicare and medicaid spending. it really wasn't what they told us. stuart: you know, dr. carson is using pretty tough language and saying that the president is ruining the country. he uses that word, ruining. now he delivers it in a soft voice with a smile on his face and that's harsh stuff. you're a conservative. do you go that far, is he ruining the country? >> he has gone that far, yes, more and more people on the government dole. if things are getting better why are food stamps up to almost 100 billion dollars when prime minister took over 39 or 40
not bigger government. it's about taxes not having to go up to do the same thing. think about this, this whole sequester joke, you know, the pr messaging thing that they put out here that was going to be so bad is failing on them. and the white house is trying to backtrack on all the pr they put out how bad sequestration was going to be. the reality sequestration only brings us back to where we were in 2012 and 2011 and even when you account for increase in medicare and medicaid spending. it...
47
47
Mar 25, 2013
03/13
by
CNBC
tv
eye 47
favorite 0
quote 0
you are seeing allowing governments to come in and confiscate assets of people and that is alarming. so with that, if you take a look back out at that emotional drama, is what we're seeing, gold is extremely oversold over 10 years of data points. gold is down two standard deviati deviations. mathematically it will rally. i was on your show and it was up two standard deviations and i caution that it could correct. there is something that could take place. and there is nothing stopping gold as being a safe haven. we have always advocated a 5% in bouillon and gold stocks. when the rallies take place they are substantial. >> where would you say is fair value for gold? >> it all depends on who you are looking at. some believe that inflation, gold should be around $2400 an ounce. gold should be around $7,000 an ounce. if you're a hard core gold bug they are talking $5,000 an ounce. for me, gold would go back to inflation adjusted price level and it will probably test $2400. >> but not to play the devil's advocate here but if you can't get gold to valrally, even with central banks washing u
you are seeing allowing governments to come in and confiscate assets of people and that is alarming. so with that, if you take a look back out at that emotional drama, is what we're seeing, gold is extremely oversold over 10 years of data points. gold is down two standard deviati deviations. mathematically it will rally. i was on your show and it was up two standard deviations and i caution that it could correct. there is something that could take place. and there is nothing stopping gold as...
559
559
Mar 24, 2013
03/13
by
CNNW
tv
eye 559
favorite 0
quote 0
government should spend to spur growth. let's look at interest rates. >> yes. >> a lot of projections when they go forwarded are assuming that interest rates will stay low. if you look at the ten-year treasury yield over the '90s averaged 6%. the last seven, eight years, 4%. it is currently less than 2%, as you know. >> right. >> the possibility of interest rates staying as low as they are now is highly unlikely, and that as interest rates rise, yes, the economy will recover but the interest payments on the much larger debt become crushing. >> a couple of things there. first of all, as long as the economy remains weak interest rates will remain low. if the economy gets stronger interest rates will go up but also if the economy gets stronger we will have more revenue and then i start to become a deficit hog. by no means am i saying we have to stay in this expansion mode under all reasons. the idea that we will be facing higher rates is belied by history. look at japan. they have been running deficits twice the debt burden th
government should spend to spur growth. let's look at interest rates. >> yes. >> a lot of projections when they go forwarded are assuming that interest rates will stay low. if you look at the ten-year treasury yield over the '90s averaged 6%. the last seven, eight years, 4%. it is currently less than 2%, as you know. >> right. >> the possibility of interest rates staying as low as they are now is highly unlikely, and that as interest rates rise, yes, the economy will...
79
79
Mar 22, 2013
03/13
by
FBC
tv
eye 79
favorite 0
quote 0
>> close enough for government work. yes. [laughter] we help advertisers and agencies measure, manage, and optimize there search. increasing their business results by optimizing their online advertising investment. stuart: you are just your software, that is all you do. >> pure software in the highly experienced team that helps you optimize your performance. we sell it worldwide to leading advertisers and agencies. stuart: i pay you. i am the business. i pay you and you put the front and center on the internet. you make me very prominent. >> we make you very prominent. that delivers better business results. oftentimes you don't want to be in that first position because will have a lower return on investment. our software will optimize the proper emplacement to drive the best downstream business results stuart: where are you based? >> worldwide with 13 offices in nine countries. headquartered in san francisco. stuart: you have done extremely well on the very first day. your stock is now up 25%. that is pretty good. were you ex
>> close enough for government work. yes. [laughter] we help advertisers and agencies measure, manage, and optimize there search. increasing their business results by optimizing their online advertising investment. stuart: you are just your software, that is all you do. >> pure software in the highly experienced team that helps you optimize your performance. we sell it worldwide to leading advertisers and agencies. stuart: i pay you. i am the business. i pay you and you put the...
111
111
Mar 23, 2013
03/13
by
CNBC
tv
eye 111
favorite 0
quote 0
just getting a permit from the government can take many years, especially since nobody wants a refinery in their backyard. it can take two to three years when already cited or the time frame to do the build-out. that's why a refinery has not been built in the united states since 1976 and why you rarely see any large scale expansions of existing refineries because it is tough to invest in a business to wait six years before you get paid back. they are protected from outside competition and the way the industry works they are protected from each other. since no one spends billions to undercut the others on price, hey, there's not any price wars. and to me that's exactly what we look for in a slap happy oligopoly. let me throw in the fact in the last three years, we have seen, and this is why it's so profitable, we have seen an explosion in domestic oil and gas production. the shale fines, many people have been surprised by the newfound oil that the price at the pump has not come down and gotten cheaper. you know why that hasn't happened? one of the big reasons is that the gains from our c
just getting a permit from the government can take many years, especially since nobody wants a refinery in their backyard. it can take two to three years when already cited or the time frame to do the build-out. that's why a refinery has not been built in the united states since 1976 and why you rarely see any large scale expansions of existing refineries because it is tough to invest in a business to wait six years before you get paid back. they are protected from outside competition and the...
662
662
Mar 18, 2013
03/13
by
FBC
tv
eye 662
favorite 0
quote 0
is blaming it on the cyprus government. they gave them half the bailout money and said you would have to come up with the other half. this looked like the easiest way to get it. david: we had breaking news from liz macdonald reporting that the banks apparently were okay with this. that the banks would rather have the depositers be stuck with paying this off than have it, expose them in any way? >> yeah, well, i think in many ways, it set as dangerous precedent but at the same time, it's, it's money just sitting there. it's, easy to just take a piece of it. it is much harder than to try to get money out of landowners or something like that. and banks were -- but it's the same. it's the same. erin, that is what we have to keep in mind. it is the same as property, whether it is cash in the bank because, there was something, that maybe it's a quaint old expression but called deposit insurance. remember that? you were supposed to be insured against any kind of confiscation of the money that you have already earned and that you h
is blaming it on the cyprus government. they gave them half the bailout money and said you would have to come up with the other half. this looked like the easiest way to get it. david: we had breaking news from liz macdonald reporting that the banks apparently were okay with this. that the banks would rather have the depositers be stuck with paying this off than have it, expose them in any way? >> yeah, well, i think in many ways, it set as dangerous precedent but at the same time, it's,...
49
49
Mar 18, 2013
03/13
by
CNBC
tv
eye 49
favorite 0
quote 0
stood behind the irish government. that's not happening now. it's sharing and the fear that the semien bondholders will hold it going forward and ranked in the same way as positive bondholders in the structure. the point i want to make here very importantly, this has not been a bad day for sovereign debt in europe. those yields have not risen substantially, because at the margin, this takes the pressure off the sovereign in baling out the banks. michelle, back to you. >> all righty. thank you very much. simon hobbs. you hear him talking about senior bondholders in europe might take a hit. any of you trading european banks at this point. >> no. >> because of that? >> i wouldn't trade the french banks because france is as close to socialism you're going to get over there. if anybody is going to do it, it's going be them and why they're down 5% today. no point in playing european banks when you have such value in european banks without the risk. >> if you are playing banks on europe, you have the ability to look at the lo
stood behind the irish government. that's not happening now. it's sharing and the fear that the semien bondholders will hold it going forward and ranked in the same way as positive bondholders in the structure. the point i want to make here very importantly, this has not been a bad day for sovereign debt in europe. those yields have not risen substantially, because at the margin, this takes the pressure off the sovereign in baling out the banks. michelle, back to you. >> all righty. thank...
80
80
Mar 21, 2013
03/13
by
FBC
tv
eye 80
favorite 0
quote 0
after the break, charlie gasparino has the details as the federal government indicts raj raj rat name's brother for insider trading. happy birthday, twitter, turning seven today. twitter now has 200 million active users posting more than 400 million tweets per day. so in honor of the company, we wanted to show you some of our favorite business tweets as we head to break. ♪ ♪ [ female announcer ] from meing customer needs. to meeting patient needs... ♪ wireless is limitless. [ female announcer ] from finding the best way... ♪ to finding the best catch... ♪ wireless is limitless. a talking car. but i'll tell you whaimpresses me. a talking train. this ge locomotive can tell you exactly where it i what it's carrying, while using less el. delivering whatever t world needs, when it needs it. ♪ after all, what's the point f talng if you don't have something important to say ♪ ♪ cheryl: one of the reasons that he is in jail for insider trading is because the fed launched an investigation into his brother who six years later has also been charged for insider-trading. charlie gasp
after the break, charlie gasparino has the details as the federal government indicts raj raj rat name's brother for insider trading. happy birthday, twitter, turning seven today. twitter now has 200 million active users posting more than 400 million tweets per day. so in honor of the company, we wanted to show you some of our favorite business tweets as we head to break. ♪ ♪ [ female announcer ] from meing customer needs. to meeting patient needs... ♪ wireless is limitless. [ female...
42
42
Mar 22, 2013
03/13
by
CNBC
tv
eye 42
favorite 0
quote 0
italy will have drama trying to form a government. 14,514, what we need to get positive on the week. 14 points short. believe it or not, the worst week all year. that's how strong we've been. the dow up 11% almost for the year. take a look at the media stocks. bill grifr it and i were talking, the ceo of hbo talked about unbundling it. guys make too much money keeping the bundles together. time warner is up, comcast is up and netflix down, a negative for them. this is a great idea but don't expect it to happen any time soon. steel stocks, could it get any worse? ak steel lowered their eps guidance, a ten-year low for ak steel. horrible for the steel companies overall. finally, good day for the earnings. mike ron, nike, good ones with tiffany as well, but remember, mandy, oracle and, of course, caterpillar and, of course, federal express. hard to get rid of those three earlier in the week. back to you. >> absolutely. by the way, you mentioned ak steel. we'll be talking about resources stocks later on in the show. >> well, to cyprus where things are starting to get real. cash is runnin
italy will have drama trying to form a government. 14,514, what we need to get positive on the week. 14 points short. believe it or not, the worst week all year. that's how strong we've been. the dow up 11% almost for the year. take a look at the media stocks. bill grifr it and i were talking, the ceo of hbo talked about unbundling it. guys make too much money keeping the bundles together. time warner is up, comcast is up and netflix down, a negative for them. this is a great idea but don't...
611
611
Mar 22, 2013
03/13
by
CNBC
tv
eye 611
favorite 0
quote 0
you know, if the company is doing fine, there's no governance issues, you don't have a problem. if you've got a problem, it's time to separate the two. >> exactly. >> by the way, i forgot to wish you happy world water day. >> oh, thank you so much. and to you as well. >> thank you so much. no one has the day off, there are no hallmark cards for this day, but this is an opportunity to look at companies that are looking to conserve water and make money doing it at the same time. >> yes, it is. and bertha coombs has the story of an oil man using water no one can ever use again for fracking. bertha? >> that's right, maria. the drought in texas is now entering its third year and it's grown more severe as the water-intensive fracking boom has exploded in the lone star state. you can see the orange and the red, that's extreme drought in 90% of the state. now, a couple of oil and gas veterans think they've found a win-win solution. tiny alpha solutions is tapping into the one source of water that is growing in texas, municipal waste water. they've contracted to buy the effluent that's n
you know, if the company is doing fine, there's no governance issues, you don't have a problem. if you've got a problem, it's time to separate the two. >> exactly. >> by the way, i forgot to wish you happy world water day. >> oh, thank you so much. and to you as well. >> thank you so much. no one has the day off, there are no hallmark cards for this day, but this is an opportunity to look at companies that are looking to conserve water and make money doing it at the same...
106
106
Mar 21, 2013
03/13
by
CNNW
tv
eye 106
favorite 0
quote 0
they have become a police force governing the terrorists. allen, let me finish. they have become a police force governing the territories. but they've gotten no payment back. and this issue is bigger than the west bank. it's about palestinian nationhood, about the right of palestinians to have the same respect as a nation that israel demands for itself. and frankly, that's not on the table. i would say to you that what the u.s. has to do, when the president is done with this trip, come back, hopefully earning the confidence of the israeli people, trying to restore some confidence on the palestinian side, which is lost right now. and then refashion a middle east peace initiative that gives some hope to both sides. right now palestinians don't feel hope at all. >> okay. let me ask you both very quickly and i'll start with you, james zogby, very quickly, if i may. are you optimistic within five years there could be a peace deal? >> well, we did a poll on that. and what we found is that palestinians themselves are hopeful that in five years a peace deal could be done
they have become a police force governing the terrorists. allen, let me finish. they have become a police force governing the territories. but they've gotten no payment back. and this issue is bigger than the west bank. it's about palestinian nationhood, about the right of palestinians to have the same respect as a nation that israel demands for itself. and frankly, that's not on the table. i would say to you that what the u.s. has to do, when the president is done with this trip, come back,...
150
150
Mar 22, 2013
03/13
by
CNBC
tv
eye 150
favorite 0
quote 0
the government is reconvening today. cyprus' finance minister flying back after two days of talks after they failed to deliver the deal to rescue the country. our chief international correspondent michelle caruso-cabrera live in nicosia, cyprus. >>. >> reporter: the drama convincing right now is convincing parliament to sit down and actually vote to give the central bank of this country the authority to resolve banks. in other words, to wine down the troubled banks here in the country. right now there is a proposal on the table that would allow him to do that. that would mean that the weakest bank in the country nike would be wound down. the good assets moved to a different bank. there are protesters to my left who do not like that proposal at all. since i last saw you the head of the bank was brought here to hear what would happen. we had a long discussion about what was going happen and then i asked him a lot of questions about the history of like and how is it that how on earth we even got to this place. should his ba
the government is reconvening today. cyprus' finance minister flying back after two days of talks after they failed to deliver the deal to rescue the country. our chief international correspondent michelle caruso-cabrera live in nicosia, cyprus. >>. >> reporter: the drama convincing right now is convincing parliament to sit down and actually vote to give the central bank of this country the authority to resolve banks. in other words, to wine down the troubled banks here in the...
48
48
Mar 20, 2013
03/13
by
CNBC
tv
eye 48
favorite 0
quote 0
therefore, we will be looking at fresh elections in june and a caretaker government until then. which if you're an american investor is like a get out of jail free card. >>> meanwhile, the home builders are rallying into the close. check out the guys,ys,oe simmon, all gains. george osbourne here has given his annual budget. he told the bank of england to do more to stimulate the u.k. economy. 2% is a target, it's not enough. he wants more extraordinary measures. in other words, he wants more qe. don't forget the bank of canada's governor is taking over the bank of england in june. what's interesting is that the recent bank of england meetings actually they have rejected the idea of more qe above half a trillion u.s. dollars for fear of what it might do to sterling. this is important going forward. look at the decline this year that you have had for sterling against the dollar compared to the decline that you have had on the euro. it's a much bigger fall. it's a much smaller economic area. beware of sterling crisis in 2013. scott, back to you. >> thanks so much for that. so what
therefore, we will be looking at fresh elections in june and a caretaker government until then. which if you're an american investor is like a get out of jail free card. >>> meanwhile, the home builders are rallying into the close. check out the guys,ys,oe simmon, all gains. george osbourne here has given his annual budget. he told the bank of england to do more to stimulate the u.k. economy. 2% is a target, it's not enough. he wants more extraordinary measures. in other words, he...
83
83
Mar 18, 2013
03/13
by
FBC
tv
eye 83
favorite 0
quote 0
the american federation of government employees organized the event which is just one of about 100 rallies taking place nationwide. amazon publishing is planning to speed up royalty payments to its authors. amazon sent a letter to literary agents saying it will start paying monthly royalties within 60 days of the end of each month every month. authors were typically being paid every three months. we continue our countdown to "co the closing bell" with cheryl casone. ♪ cheryl: shares of broad come are chipping, get it, higher or today after a new report. let's head back to nicole at the new york stock exchange. one pun, nicole, just one. >> reporter: right. well, this is a big deal here for broadcom, and we're going to take a look at several of the names in the industry. broadcom is up about a half of 1%. but there are some interesting reports out. so the new samsung galaxy which everybody is all hot on that the s4 uses a broadcom chip rather than an nxt part. this is according to nfc times, they confirmed it in a column. and what's interesting, they're saying that the broadcom chip is be
the american federation of government employees organized the event which is just one of about 100 rallies taking place nationwide. amazon publishing is planning to speed up royalty payments to its authors. amazon sent a letter to literary agents saying it will start paying monthly royalties within 60 days of the end of each month every month. authors were typically being paid every three months. we continue our countdown to "co the closing bell" with cheryl casone. ♪ cheryl: shares...
153
153
Mar 20, 2013
03/13
by
CNBC
tv
eye 153
favorite 0
quote 0
we're scared of how the government keeps putting money in people's market. the government trumped 2.4 million jobs and they didn't talk about the 1.9 million people on food stamps and snap program. so we're just very, very cautious. >> you're a new york, l.a. california guy. >> i'm not sure where this is going. >> you're not drinking the kool-aid on the big government? >> no. >> steve, thank you for being here. >> it's been a lot of fun. >> thank you. make sure you join us tomorrow. "squawk on the street" begins right now. ♪ ♪ ♪ >>> good wednesday morning. welcome to "squawk on the street." i'm melissa lee with jim kramer and scott wapner. carl quintanilla and david faber have the week off. let's take a look at how we are setting up in the united states. we are looking at a strong open higher and the dow up at 79 points and yesterday we did see signs of life and the dow surging late in the session and the dow looking to snap that three-day losing streak. as for europe, both stocks and the euro seeing some relief. we do have a bounce here, a nice one, i
we're scared of how the government keeps putting money in people's market. the government trumped 2.4 million jobs and they didn't talk about the 1.9 million people on food stamps and snap program. so we're just very, very cautious. >> you're a new york, l.a. california guy. >> i'm not sure where this is going. >> you're not drinking the kool-aid on the big government? >> no. >> steve, thank you for being here. >> it's been a lot of fun. >> thank you....
165
165
Mar 22, 2013
03/13
by
FBC
tv
eye 165
favorite 0
quote 0
the government changes rules all the time. how about inflation? the federal reserve wants 2 1/2% inflation. that is equivalent of 2.5% tax lowering your income. >> they just raised it a half percent to 2 1/2%. >> so what that means is, your real income goes down. so, especially lower income people get of the shafted because they pay more for food and fuel and electricity. and so their incomes go down. that is supposed to stimulate the economy. the fed can do it without legislation. david: when you think of all the different ways which this administration, obama administration is almost transfixed by the european model, whether it is in health care, obamacare, whether it is in the vast increase in the social welfare state, i'm just wondering if they now are looking to europe as a model for what to do with us? now we haven't reached, obviously we're far away from the cyprus kind of crisis dimension of crisis with our debt problems but if we move closer to them, would we borrow from those solutions if you will? >> they will certainly look at them. th
the government changes rules all the time. how about inflation? the federal reserve wants 2 1/2% inflation. that is equivalent of 2.5% tax lowering your income. >> they just raised it a half percent to 2 1/2%. >> so what that means is, your real income goes down. so, especially lower income people get of the shafted because they pay more for food and fuel and electricity. and so their incomes go down. that is supposed to stimulate the economy. the fed can do it without legislation....
93
93
Mar 20, 2013
03/13
by
FBC
tv
eye 93
favorite 0
quote 0
>> government and the pension plan. they have been given a chance to go in and see if they can find money in san bernardino that san bernardino can find in their own books because they're in a big fight. san bernardino says we owe $143 billion, $143 million in pension, helpers says you owe $250 million. so they don't even agree on how much everybody is owed. lori: how much of the wage increases and even if the city isn't bankrupt, still has to put a tremendous burden because so many cities are in distress. melissa: is very common in california. it is about, the total budget for san bernardino is $250 million per year. police 64 million, the firefighters 30 some million, just shy of 100 million so it is pretty close to half of the whole entire city budget is police and fire. they get automatic pay raises based on the charter. the city council has had a vote to tear up the charter and they won't do it because the members supported by the unions vote lets keep the charter, they will have to wait for the bank of the judge t
>> government and the pension plan. they have been given a chance to go in and see if they can find money in san bernardino that san bernardino can find in their own books because they're in a big fight. san bernardino says we owe $143 billion, $143 million in pension, helpers says you owe $250 million. so they don't even agree on how much everybody is owed. lori: how much of the wage increases and even if the city isn't bankrupt, still has to put a tremendous burden because so many...
69
69
Mar 23, 2013
03/13
by
LINKTV
tv
eye 69
favorite 0
quote 0
the government's new micro finance law is the bedrock for the program. the foundation was to build the capacity of the local ngo so it can operate without outside help. that means that employees have to be trained at. one of her task is to visit loan recipients to check the money is being spent a lucrative late and is having a positive effect. -- to check the money is being spent lucratively and is having a positive effect. this person is a great example of what this kind of a loan can do. she runs a small restaurant, and imports and sort -- an important source of income for her family of five. with the loan, i can buy supplies and offer people more food and increase my turnover by 50%. happy. she is planning to grant her another loan. she asks if she will be able to make the larger repayments. yes, she says, it should not be a problem. she shows me her house. at the moment, she lives with her husband's parents. it for business keeps growing with the help of the loans, she hopes to be able to afford her own house one day. since the end of the military di
the government's new micro finance law is the bedrock for the program. the foundation was to build the capacity of the local ngo so it can operate without outside help. that means that employees have to be trained at. one of her task is to visit loan recipients to check the money is being spent a lucrative late and is having a positive effect. -- to check the money is being spent lucratively and is having a positive effect. this person is a great example of what this kind of a loan can do. she...
86
86
Mar 25, 2013
03/13
by
CSPAN
tv
eye 86
favorite 0
quote 0
the public spending framework introduced by the previous government divided government spending the two halves. fixed departmental budgets and was called annually managed expenditure. the annual managed expenditure. in practice it was unmanaged expenditure and that includes almost the entire welfare budget, as well as items like debt interest and payments to the unions. according to the forecast today, the european budget deal by the prime minister has paid britain a total of 3.5 billion pounds. we will now introduce a new limit of the significant proposal of annually managed expenditure, set out in a way that allows the -- allows us to operate that will bring controlled areas of public spending that have been out of control. we will set out how more details of this work -- in the new spending limit at the brown in june. welfare andns on they are tough, and they affect many people. make the difficult decisions for them and the country, it would be much worse. active monetary policy and a responsible fiscal policy are two components of our plan and we need the supply side reform to put t
the public spending framework introduced by the previous government divided government spending the two halves. fixed departmental budgets and was called annually managed expenditure. the annual managed expenditure. in practice it was unmanaged expenditure and that includes almost the entire welfare budget, as well as items like debt interest and payments to the unions. according to the forecast today, the european budget deal by the prime minister has paid britain a total of 3.5 billion...
102
102
Mar 18, 2013
03/13
by
KCSMMHZ
tv
eye 102
favorite 0
quote 0
it is the powerful tribes that govern large parts of the country. for many, it is a fight for survival. international aid and food deliveries to prevent the worse. >> we spoke earlier with our analyst from yemen and we asked him for his take on the situation in the country. >> that report paints a rather desperate picture. it overlooks the positive aspects of the political transition and the peaceful protests triggering major bridge a major political changes in yemen. they put an end to 33 years and they also managed to give birth to a transition plan which contains a road map for change and has international support. it is certainly not a perfect plan, but it leads to the election of a new interim president. the new dialogue starts today and it faces some challenges, i agree, but first and foremost a provides an excellent challenge for a new beginning. >> tell us more about this national dialogue. what are they hoping to achieve? >> the national dialogue conference aims to achieve, among other things, unity in a country that is drifting apart and p
it is the powerful tribes that govern large parts of the country. for many, it is a fight for survival. international aid and food deliveries to prevent the worse. >> we spoke earlier with our analyst from yemen and we asked him for his take on the situation in the country. >> that report paints a rather desperate picture. it overlooks the positive aspects of the political transition and the peaceful protests triggering major bridge a major political changes in yemen. they put an...
172
172
Mar 21, 2013
03/13
by
KCSMMHZ
tv
eye 172
favorite 0
quote 0
there is pressure on the government, but it is now trying to solve its kurdish problem. the talks had started in october. now, they are bearing fruit. >> let me ask you this -- some people say this is the last opportunity that he will have to exert power over the pkk. do you see it that way as well? >> that is certainly a consideration. although he has recently shown he is still the number one authority in the movement. it was seen as an example of his power, and the fact that he has managed to get the backing of the pkk leaders and also the organization across europe as well. that are underlining that although they do have concerns, they are supporting him. >> all right, thank you very much. >> on day two of president barack obama's diplomatic tour to the middle east, he met with palestinian officials in the west bank to emphasize the importance of reaching an israeli-palestinian peace deal, but the difficulty of the mission was underscored by a rocket attack in southern israel by palestinian militants in gaza. >> thursday afternoon, he received a standing ovation from
there is pressure on the government, but it is now trying to solve its kurdish problem. the talks had started in october. now, they are bearing fruit. >> let me ask you this -- some people say this is the last opportunity that he will have to exert power over the pkk. do you see it that way as well? >> that is certainly a consideration. although he has recently shown he is still the number one authority in the movement. it was seen as an example of his power, and the fact that he...
115
115
Mar 26, 2013
03/13
by
KCSMMHZ
tv
eye 115
favorite 0
quote 0
half years, so the station took the government to court. family court issued legally binding rulings in our favor three times, but the media authority contested all these rulings, so they kept us in limbo for two years. that is in line with their policy of economically ruining critical media. >> critical reports by their trademark. currently, the station is up in arms because the hon carian government has handed out awards to notorious anti-semite and right-wing extremists. >> starting today, i no longer want to where the metal -- wear the medal. i'm going to send it back to the minister. >> students staged a parody. the party is supported by sympathizers in germany. >> our two countries are depicted as scandalously small. this must change. >> apart from the parity, the students have little to laugh about. they are appalled at how the new changes to hungary's constitution affect them. in the future after graduating, all students from state university must remain in hungary for as long as their studies took, if there is a job for them or not
half years, so the station took the government to court. family court issued legally binding rulings in our favor three times, but the media authority contested all these rulings, so they kept us in limbo for two years. that is in line with their policy of economically ruining critical media. >> critical reports by their trademark. currently, the station is up in arms because the hon carian government has handed out awards to notorious anti-semite and right-wing extremists. >>...
48
48
Mar 20, 2013
03/13
by
CSPAN2
tv
eye 48
favorite 0
quote 0
the previous government, the previous government borrowed -- [yelling] >> order! order! order! >> we can't have all talk without the year. it's not a competition who can shout loudest. you don't want to boo your own chancellor. i'm sure your constituents would understand if you believe the chamber. let us continue. chancellor exchequer. >> mr. deputy speaker, the facts show the opposite to be true. the previous government borrowed 159 billion. this year the government is forecasted to borrow 114 billion pounds. that's 45 pounds a year less borrowing. borrowing from 108 billion next year and 97 billion in 2014, and 87 billion in the last year before holding 61 billion and 42 billion in the following two years and ensure complete transparency the odr published the number without the cash transfer. they show on the measure too borrow is forecast to fall. we admitted to a fiscal mandate that would balance the current budget over the following rolling five years, i can confirm that they we're on course to meet our fiscal mandate and meet it one year only. however, the likelihood of
the previous government, the previous government borrowed -- [yelling] >> order! order! order! >> we can't have all talk without the year. it's not a competition who can shout loudest. you don't want to boo your own chancellor. i'm sure your constituents would understand if you believe the chamber. let us continue. chancellor exchequer. >> mr. deputy speaker, the facts show the opposite to be true. the previous government borrowed 159 billion. this year the government is...
163
163
Mar 19, 2013
03/13
by
FBC
tv
eye 163
favorite 0
quote 1
government debt. 1.89% yield. similar story for the 30-year. off seven basis points, yielding 3.11%. we're back after this. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightfoard guidance and be ae to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >> good afternoon, i'm sandra smith with your fox business brief. the world's largest money manager blackrock, planning to say off nearly 300 employees. the memo came by reuters. blackrock's president said despite the layoffs the company will continue hiring and expects to end the year with more employees than it currently has. blackrock shares jumped nearly 50% in the past three
government debt. 1.89% yield. similar story for the 30-year. off seven basis points, yielding 3.11%. we're back after this. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on...
24
24
tv
eye 24
favorite 0
quote 0
government thousands of dollars for supplies take a look at this control switch the u.s. pays nine hundred dollars for that when it's actually valued at just seven dollars eighty dollars for a section of a pipe that is actually valued at just a buck fifty and when you're talking hundreds of billions of dollars nine hundred bucks of course sounds like small change but obviously it's adding here's another one why spread fraud led by a former u.s. army officer cost tens of millions of dollars in kickbacks. nektar to government contracts for bottled water twenty two people were criminally convicted but still tens of millions of dollars in contracts for bottled water but for iraqis they're paying a different cost a government rife with corruption and in fighting near daily deadly bombing still blast baghdad streets and a quarter of the country's thirty one million lives in poverty meanwhile war veteran and peace activist police the scars left on iraqis as well as the coalition troops will take years to heal nicely you know america the ball in a china shop you know the iraq we
government thousands of dollars for supplies take a look at this control switch the u.s. pays nine hundred dollars for that when it's actually valued at just seven dollars eighty dollars for a section of a pipe that is actually valued at just a buck fifty and when you're talking hundreds of billions of dollars nine hundred bucks of course sounds like small change but obviously it's adding here's another one why spread fraud led by a former u.s. army officer cost tens of millions of dollars in...
147
147
Mar 19, 2013
03/13
by
CNBC
tv
eye 147
favorite 0
quote 0
so i think this new government is a real plus for changes in the chinese government that will be a big advantage, especially in the economics in the area of currency convertibility. i think you're going to see a lot of opening up of the chinese capital markets over the next coming years. >> and is on that score, if you're lew, how do you approach that issue, currency? >> well, the u.s. has always been pressing for opening of the capital markets, partly because the u.s. represents have had backing from wall street and the investment banks. but now, the chinese have a reason to do it on their own. they have $3.5 trillion worth of foreign reserves. they have to find a way toni vest those assets over the coming decades. they have to be invested in other countries in order to not put pressure on the currencies, which means they need cooperation of government. the u.s., in turn, needs the chinese government to continue holding the debt that they own and, as we can see from projection would be to buy a lot more of it. i think both of those things will happen. but currency, cop veteranbility,
so i think this new government is a real plus for changes in the chinese government that will be a big advantage, especially in the economics in the area of currency convertibility. i think you're going to see a lot of opening up of the chinese capital markets over the next coming years. >> and is on that score, if you're lew, how do you approach that issue, currency? >> well, the u.s. has always been pressing for opening of the capital markets, partly because the u.s. represents...
85
85
Mar 23, 2013
03/13
by
KCSMMHZ
tv
eye 85
favorite 0
quote 0
so the government has made asylum of use a punishable crime -- asylum abuse. 80% of those affected are roma. these drastic measures are to ensure other citizens can travel freely. the eu has threatened to suspend the said-free travel. these are hard times for the roma. elvira is 34 and has three children. she married her husband when she was 14. she lived in germany before as a child until she was 7. now the family of five lives in two rooms with her in-laws -- 12 square meters to eat, sleep, and do homework. the entryway serves as a kitchen. >> they would love to have another room so each would have their own bed, but that is impossible. >> they could use the suspended 50 euros a month welfare benefit. neither elvira nor her husband has worked. occasional day jobs earn them up 15 euros. fights are common at school. >> two or three times a week, not just fistfights, but with knives, brass knuckles, even guns. >> they venture out, but they are cautious. with more than 20,000 roma, it is the biggest community of its kind in europe. unemployment is an estimated 90%. it is fertile ground f
so the government has made asylum of use a punishable crime -- asylum abuse. 80% of those affected are roma. these drastic measures are to ensure other citizens can travel freely. the eu has threatened to suspend the said-free travel. these are hard times for the roma. elvira is 34 and has three children. she married her husband when she was 14. she lived in germany before as a child until she was 7. now the family of five lives in two rooms with her in-laws -- 12 square meters to eat, sleep,...
18
18
tv
eye 18
favorite 0
quote 0
when power is divided between entities like the bannerman and the government just the president ends up with no power lies and it's easy then if it happens in a state you can stage fights and conflicts this clash on the people with the hind all this you can lay your hands on some valuable assets privatizing before anyone knows it so they don't like it that they can't do it for freedom of speech of liberalism and other such things but that can a serious how is it even possible not to have them with all the modern media around there is no way for instance that russia today is a channel i have any influence on if you like it you can watch it anyone can and there is also the internet our analysts have calculated fifty one percent of our active population are not active internet users how can i possibly keep their mouths shut i am more than anyone opposed to bans building when says and other such things you can win the fight if you stay strong if you're weak you better stay out of the fight because you're only going to get yourself and your state chased into a corner so i don't want to so
when power is divided between entities like the bannerman and the government just the president ends up with no power lies and it's easy then if it happens in a state you can stage fights and conflicts this clash on the people with the hind all this you can lay your hands on some valuable assets privatizing before anyone knows it so they don't like it that they can't do it for freedom of speech of liberalism and other such things but that can a serious how is it even possible not to have them...